Global ABCP conduit sponsors and administrators are required to comply with new multi-jurisdictional regulatory reporting requirements that mandate the regular collection and disclosure of underlying asset portfolio performance metrics and key data elements. With a diverse set of asset classes, irregular reporting formats, and dozens of reports per month, ingesting and structuring this data can be a highly manual and costly process that is prone to error.
To compliment its industry leading ABCP conduit seller program and liabilities administration functionality, TAO Solutions will debut its new ABCP portfolio report data ingestion and administration tool at SFVegas 2020 taking place from February 23, 2020 to February 26, 2020. This additional functionality will allow ABCP conduit sponsors and administrators to efficiently map data for each seller report and automatically ingest and store configurable data points in a repeatable and consistent manner. All consumed data is stored period over period for historical reporting and maintained in a structured format to facilitate downstream stakeholder and regulatory reporting. This new functionality also serves as a key element towards TAO Solution’s forthcoming support for ESMA reporting requirements in respect of ABCP conduits and other forms of structured finance issuances.
To find out more on how TAO Solutions can add operational efficiencies, reduce operational risk, and enhance corporate governance, risk management practices in respect of ABCP conduits, balance sheet warehousing and other issuer securitization and ESG activities, please contact us in confidence below, or visit our booth at the exhibitors hall at SFVegas 2020.
Ryan Pereira, President
+1 619 730 8159
Jim Metaxas, Managing Director
+61 411 780 123
About TAO Solutions
Trusted by leading global banks and financial institutions of all sizes. TAO Solutions is a leading provider of software designed to empower the financial services industry with operational agility and robust capabilities. For over a decade, TAO Solutions has worked with financial industry leaders globally to drive growth, save costs, and increase efficiency by leveraging cutting-edge technology, deep-rooted industry expertise, and exceptional customer service. Representing a solution provider to 10% of the top global banks with more than $1 trillion in assets administered by our technologies. TAO Solutions is SOC II Type II accredited and a Gold Microsoft Certified Partner.